Corporate & Investment Banking Cross-Function Associate

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We’re looking for an Associate in our Strategic Planning Department to join our team. 

The role is in the Capital and Portfolio Strategy team focussed on capital management, ROE improvement and use of structured products for portfolio management. The role covers partnering with product groups to develop RWA and Balance Sheet management tools such as SRT, CRI and securitisation and build asset allocation tools for regional ROE uplift.

The role requires capital management expertise to idnetify opportunities to improve ROE and lower RWA whether through product developemtn or calculation enhancements. A key element to achieve success will be stakeholder management to collaborate with business partners in product development, finance, legal, risk and planning teams. 

The ideal candidate should have relevant fianncial markets knowledge on regulation , capital rules (Basel III), product knowledge (SRT, CRI, securitisations). They should be detail orientated with a focus on problem solving.

Business Area

The role supports capital/finncial resource optimisation initiatives across the EMEA region to improve business ROE. 

Position Description

• Capital Management:  
  • Identify initiatives and develop products that are regulatory compliant and enhance ROE profitability through risk distribution.
  • Manage and review capital calculations across all EMEA’s product sets to ensure continued accuracy within internal model frameworks and an evolving external regulatory capital framework.
  • Develop capital optimisation models and implement enhanced solutions taking into account product structuring, legal entity booking locations and interplay with local regulatory reporting and capital requirements  

• Stakeholder Management: In collaboration with relevant stakeholders in Finance, Compliance, Legal, Risk, Treasury, Planning and business lines ensure business capital use and profitability improvements are clearly articulated and where possible aligned to other initiatives / projections across the Group.
• Regulatory Relationships: In collaboration with relevant stakeholders, represent SMBC EMEA in internal regulatory working group and where appropriate with external groups to focus on improving regulatory capital treatments.
• Portfolio analysis: Support SMBC EMEA marketing teams on profitability analysis, deal structuring for capital use optimisation and approval and provide external benchmarks and analysis. Collaborate with stakeholders to ensure the approval process is transparent and efficient.
• Governance and assurance: Adherence to the Group's product development and procedures frameworks, ensuring products and policy are aligned with governance and assurance. Help drive the continual improvement and updating of product and procedure manuals as SME for capital treatment on risk distribution products.

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  
• Access a wide range of learning and development opportunities and career progression opportunities 
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!